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2025 California Code
Public Utilities Code - PUC
DIVISION 3 - PUBLIC UTILITY FRANCHISES BY LOCAL GOVERNMENTS
CHAPTER 1 - Franchise Provisions in General
ARTICLE 1 - Manner of Granting
Section 6006.
Universal Citation:
CA Pub Util Code § 6006 (2025)
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6006. The publication shall state the character of the franchise or privilege proposed to be granted, the term for which it is granted, and, if it is for a street railroad, the route to be traversed; that sealed bids therefor will be received up to a certain hour and day named therein, and that the successful bidder and his assigns shall during the life of the franchise pay to the county or municipality two percent (2%) of the gross annual receipts of the grantee arising from the use, operation, or possession of the franchise.
(Enacted by Stats. 1951, Ch. 764.)
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